Equities

RiverNorth Opportunistic Municipal Income Fund, Inc.

RMI:NYQ

RiverNorth Opportunistic Municipal Income Fund, Inc.

Actions
FinancialsClosed End Investments
  • Price (USD)15.63
  • Today's Change0.09 / 0.58%
  • Shares traded7.75k
  • 1 Year change-7.79%
  • Beta0.5417
Data delayed at least 15 minutes, as of May 06 2024 16:16 BST.
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About the company

Rivernorth Opportunistic Municipal Income Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek current income exempt from regular United States federal income taxes. The Fund’s secondary investment objective is total return. The Company’s investment strategy includes Tactical Municipal Closed-End Fund (CEF) Strategy and Municipal Bond Income Strategy. The Tactical Municipal CEF Strategy typically invests in municipal CEFs and exchange-traded funds (ETFs) and other investment companies. The Municipal Bond Income Strategy primarily invests in municipal bonds of any credit quality, including securities that are rated below investment grade. The Fund’s investment adviser is RiverNorth Capital Management, LLC. The Fund’s sub-adviser is MacKay Shields, LLC.

  • Revenue in USD (TTM)7.42m
  • Net income in USD6.07m
  • Incorporated2018
  • Employees--
  • Location
    RiverNorth Opportunistic Municipal Income Fund, Inc.360 S. ROSEMARY AVE, SUITE 1420WEST PALM BEACH 33401United StatesUSA
  • Phone+1 (312) 445-2251
  • Websitehttps://www.rivernorth.com/rmi
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Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
BlueRiver Acquisition Corp0.00-5.28m96.05m----11.01-----0.485-0.4850.000.99950.00-------3.38---3.46--------------0.0542-------162.18------
Bowen Acquisition Corp-100.00bn-100.00bn96.16m----1.34----------7.84----------------------------0.00--------------
Great Elm Capital Corp33.99m13.84m96.51m0.005.600.7924--2.841.821.824.4712.880.126--15.32--5.13-4.785.81-7.3946.8353.8640.71-58.38----0.5883---3.27-3.85-51.66-----19.75
Pioneer Diversified High Income Fund Inc13.56m22.36m96.56m--4.320.7449--7.122.682.681.6315.550.0737--9.52--12.164.6112.324.7481.2576.55164.9765.74----0.3266117.71-5.59-3.80283.35-----2.19
Nuveen Mortgage and Income Fund-100.00bn-100.00bn96.72m--------------------------------------------------------------
Gablli Globl Small and Mid Cap Valu Trst2.97m9.98m96.82m--10.000.8346--32.601.161.160.35413.890.0211--14.72--7.085.537.115.63-1.904.14336.10361.77----0.120873.7313.77-1.05128.89------
Trailblazer Merger Corporation I0.001.35m97.05m--78.171.38----0.13770.13770.007.820.00------3.64--3.70--------------0.0045------33,613.68------
IX Acquisition Corp0.004.02m97.38m0.0027.074.44----0.41840.41840.002.550.00------3.02--3.07--------------0.0794-------56.73------
RiverNorth Flexible Muncpl Incme Fnd Inc7.15m5.90m97.41m--16.500.9388--13.620.96540.96541.1716.970.0399--3.77--3.29--3.32--27.58--82.53------0.3723--1.28--112.63------
Rivernorth Opprtnstc Mncpl Incme Fnd Inc7.42m6.07m99.06m--16.330.9043--13.350.95190.95191.1617.180.0392--3.64--3.20--3.35--32.97--81.78------0.384--2.68--114.10------
Mars Acquisition Corp0.002.59m100.17m--37.231.36----0.28960.28960.007.940.00------6.99--7.01--------------0.00------62,094.12------
PowerUp Acquisition Corp0.004.46m100.55m--75.805.1422.52--0.14750.14750.002.180.00------2.79--2.79--------------0.0006------33.65------
Eaton Vance Senior Income Trust-100.00bn-100.00bn100.82m--------------------------------------------------------------
Lvpai Group Ltd0.00-40.08k101.10m45.00---------0.003-0.0030.00-0.001-------------------------------------10.51------
Calamos Global Total Return Fund-100.00bn-100.00bn101.50m--------------------------------------------------------------
Alpha Star Acquisition Corp0.004.60m101.83m--34.951.5322.11--0.32560.32560.007.440.00------4.27--4.51--------------0.0504------2,208.42------
Data as of May 06 2024. Currency figures normalised to RiverNorth Opportunistic Municipal Income Fund, Inc.'s reporting currency: US Dollar USD

Institutional shareholders

18.97%Per cent of shares held by top holders
HolderShares% Held
Stratos Wealth Partners Ltd.as of 31 Mar 2024474.57k7.45%
RBC Capital Markets LLC (Investment Management)as of 31 Dec 2023160.12k2.51%
Morgan Stanley Smith Barney LLC (Investment Management)as of 31 Dec 2023121.37k1.90%
UBS Financial Services, Inc.as of 31 Dec 2023110.72k1.74%
Wells Fargo Clearing Services LLCas of 31 Dec 2023105.76k1.66%
Wolverine Asset Management LLCas of 31 Dec 202363.71k1.00%
Logan Stone Capital LLCas of 31 Dec 202356.34k0.88%
Robinson Capital Management LLCas of 31 Dec 202345.08k0.71%
Securities America Advisors, Inc.as of 31 Dec 202339.35k0.62%
Cypress Wealth Services LLCas of 31 Mar 202432.50k0.51%
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Data from 31 Dec 2023 - 31 Mar 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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